• News/Talk
  • Music
  • Entertainment

Marketplace

Wednesday, November 19, 2008

Listen to the show

Early lessons for Dems in fundraising

Congressman John Dingell, chair of the House Energy and Commerce Committee is holding a fundraiser today for freshman Democrats. Nancy Marshall Genzer looks into the money message this sends to newcomers early on.

More on Politics

TEXT OF STORY

Steve Chiotakis: The election's over, time to think now about swearing in. But before the officiating starts, incoming Democrats are at this very moment learning the value of money in politics. Congressmen John Dingell is co-hosting a fundraiser for the freshmen today. Here's Marketplace's Nancy Marshall Genzer.


Nancy Marshall Genzer: Today's lesson for incoming Democrats: You scratch my back, I'll give you money. Michigan Democrat John Dingell is fighting to keep his chairmanship of the House Energy and Commerce Committee. California Democrat Henry Waxman wants the job.

The freshman Democrats get to vote on the chair. Dingell's fundraiser will help pay off their campaign debts with lobbyist donations.

Joan Claybrook is president of Public Citizen. She says lawmakers are being corrupted before they even take office.

Joan Claybrook: The new members are the most vulnerable. They are the most in need of money, and they often have a debt when they come to Congress.

Sunlight Foundation senior fellow Bill Allison says some members host their own fundraisers this time of year, many with a holiday message.

Bill Allison: Seasons greetings, and maybe it's a good time for a lobbyist to donate to a member of Congress.

Congressman Dingell's office issued a statement. t says, in part, that Dingell understands the importance of helping members retire their debt quickly.

In Washington, I'm Nancy Marshall Genzer for Marketplace.

Comments

  • Comment | Refresh

  • Post a Comment: Please be civil, brief and relevant.

    Email addresses are never displayed, but they are required to confirm your comments. All comments are moderated. Marketplace reserves the right to edit any comments on this site and to read them on the air if they are extra-interesting. Please read the Comment Guidelines before posting.

    * indicates required field

    *
    *
    *
     




     

    You must be 13 or over to submit information to American Public Media. The information entered into this form will not be used to send unsolicited email and will not be sold to a third party. For more information see Terms and Conditions and Privacy Policy.

Music From This Show

  • Let it Go Morcheeba Buy
  • Mi Viejo Ratatat Buy
  • Everybody Wants Some!! Van Halen Buy
  • Arco Arena Cake Buy
  • Model T Theme Sex Pistols Buy
  • Good to be King Tom Petty Buy

The Specials

GAME: Budget Hero

Budget Hero

Think you could balance the federal budget? Play the game.

Conversations from the Corner OfficeTM

Conversations From the Corner Office

Marketplace goes one-on-one with CEOs, company founders, head honchos...

Sit in

Working

Working

Intimate profiles of workers in the global economy.

Meet them

Marketplace on iTunes U

iTunes U

Marketplace is on Apple's online education platform, iTunesU. Get free downloads in subjects like History, Science, Business and more. Study up

 ©2009 American Public Media